Bitcoin News said on X that Square has completed its phased rollout as planned, making Lightning Network bitcoin payments available to eligible sellers across its U.S. merchant network. Consumers can pay with bitcoin, while merchants receive dollars by default or can choose to keep the bitcoin.
· Fee changes: Fees for processing bitcoin payments are waived through the end of 2026. After that, a flat 1% fee is planned.
· Square’s merchant network covers more than 4 million merchants, but eligibility requirements still apply. Actual adoption has not been independently quantified, so availability does not necessarily reflect usage.
Are you more concerned about the 1% fee after the waiver period ends, or the share of merchants that qualify?
· Fee changes: Fees for processing bitcoin payments are waived through the end of 2026. After that, a flat 1% fee is planned.
· Square’s merchant network covers more than 4 million merchants, but eligibility requirements still apply. Actual adoption has not been independently quantified, so availability does not necessarily reflect usage.
Are you more concerned about the 1% fee after the waiver period ends, or the share of merchants that qualify?
